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“The push towards electrification has to be multi-modal, and the collaboration with Yulu only goes to demonstrate the intention therein,” Uber said in a statement.
Yulu uses the Internet of Things to provide with the dockless e-bikes on a pay per use basis. Users can now unblock e-bikes by simply scanning the QR codes on their smartphone. Yulu picks up and drops off the centers are spread across the entire Bangalore city. Users do not need a license to ride the e-bikes.
Yulu also revealed its partnership with the Uber will make a proper commute eco-friendly and efficient. The company will also plan to provide its service in some other cities.
Yulu also started its operations in the year 2017 as a bicycle sharing platform. It was launched by the Amit Gupta, a founder of the Mobile advertisement company InMobi along with the Naveen Pachauri and Hemant Gupta.
In the month of March last year, Yulu also secured $7 Million in the funding round of seed from the Binny Bansal, Blume Ventures, Girish and Naveen Tewari.
Uber has also revealed an array of services to diversify its offerings. Earlier this year, it also revealed its pilot speedboat service in collaboration with the Maharastra Maritime Board in Mumbai.